Diversification is the key for sure. I currently o
Post# of 75385
(Total Views: 473)
Posted On: 10/13/2018 5:47:40 PM
Diversification is the key for sure. I currently own 50% cannabis stocks(my biggest investment by far), 25% gold mining stock, 15% uranium mining stock, and RMHB is 10%.
Of course I have far more RMHB stocks because they are so cheap and easy to buy because there is plenty out there.
RMHB reaching 50 cents would be the equivalent of my cannabis stock reaching $50. Both are very possible.
I thing gold mining stocks are a great investment right now, even though they are being a bit ignored because of the MJ hysteria. The markets are in turmoil and gold is set to make a run. This plays into the hands of the mining stocks. Most of the mining stocks went up on Friday.
The big indicator that it's time to look at mining was when gold went up over $30 per ounce in one day last week.
Uranium is set to begin a bull run as well with more and more reactors coming on line around the world, the spot price slowly rising, and more miners increasing their drilling operations.
So yes, I am diversifying, but I still believe that RMHB stands to knock it out of the ball park, and in the end, earn me more than all the other stocks combined.
If it doesn't, it would be disappointing, but not the end of the world.
Of course I have far more RMHB stocks because they are so cheap and easy to buy because there is plenty out there.
RMHB reaching 50 cents would be the equivalent of my cannabis stock reaching $50. Both are very possible.
I thing gold mining stocks are a great investment right now, even though they are being a bit ignored because of the MJ hysteria. The markets are in turmoil and gold is set to make a run. This plays into the hands of the mining stocks. Most of the mining stocks went up on Friday.
The big indicator that it's time to look at mining was when gold went up over $30 per ounce in one day last week.
Uranium is set to begin a bull run as well with more and more reactors coming on line around the world, the spot price slowly rising, and more miners increasing their drilling operations.
So yes, I am diversifying, but I still believe that RMHB stands to knock it out of the ball park, and in the end, earn me more than all the other stocks combined.
If it doesn't, it would be disappointing, but not the end of the world.
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